US Bank Directory

Banks in Philip, SD

1 FDIC-insured bank operates 1 office in Philip, South Dakota.

Source: FDIC BankFind, data as of September 5, 2026.

Bank branch map: Philip

Banks sit at the coordinates in their FDIC record; credit union offices at their NCUA address, located with the U.S. Census Bureau Geocoder. Point at a marker for today's hours, tap it for the address, directions and the bank's site.

Short answer: 1 institution operates 1 location in Philip, according to the FDIC. 1 of them has coordinates on record and is on the map. ATMs and opening hours are not in the sources this page uses yet; each marker links to directions.

BankMain office

Branches: FDIC, NCUA. Streets: loading.

1 location on the map

Tap a cluster to zoom in

Positions are the regulators' own coordinates, or the Census Geocoder's point for the address, and can sit a few hundred feet from the door. Streets, buildings and parks come from OpenStreetMap through OpenFreeMap, with every street named as you zoom in; if that map cannot load, a simpler map drawn from the Census Bureau's TIGER/Line files takes its place. ATMs will follow with the Overture Maps import.

All banks in Philip

Sorted by number of local branches. Each branch shows where its hours and phone number come from.

Short answer: First National Bank in Philip is the only bank with an office in Philip. Open any bank to see each address, today's hours where the bank publishes them and the phone number.

First National Bank in Philip 1 branch · main office Philip, SD Bank · 1

First National Bank in Philip has 1 branch in Philip, 2 across South Dakota and 2 nationwide. FDIC records list its main office in Philip, SD and show it operating since 1906. With $458.4 million in total assets on June 30, 2026, it ranks No. 1,895 of 4,232 U.S. banks by total assets. Its main office at 103 E Oak Street dates to 1906 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

  • Main Office main office
    103 E Oak Street, 57567
    Hours: see the bank's site
First National Bank in Philip: profile, branches and contacts

Banking in Philip: the local picture

Short answer: 1 bank runs 1 branch in Philip according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.

First National Bank in Philip has its main office in Philip, according to the FDIC.

The bank with the longest record here is First National Bank in Philip, operating since 1906 according to the FDIC.

The one location here does not publish hours in the sources this page uses. Each branch links to the bank's own site.

Chase, Bank of America and other national banks

Which big national banks have branches in Philip, and where the nearest one is if they do not.

Short answer: No branches in Philip: Chase (nearest in Sioux Falls, 247 mi), Wells Fargo (nearest in Pierre, 69 mi), Bank of America, PNC Bank, U.S. Bank (nearest in Rapid City, 78 mi), Truist, Fifth Third Bank, Huntington, Regions Bank, TD Bank, BMO (nearest in Gettysburg, 108 mi).

BankIn PhilipNearest branch if none here
ChaseNoneSioux Falls, 247 miles away
Wells FargoNonePierre, 69 miles away
Bank of AmericaNonenone in South Dakota
PNC BankNonenone in South Dakota
U.S. BankNoneRapid City, 78 miles away
TruistNonenone in South Dakota
Fifth Third BankNonenone in South Dakota
HuntingtonNonenone in South Dakota
Regions BankNonenone in South Dakota
TD BankNonenone in South Dakota
BMONoneGettysburg, 108 miles away

Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Philip to the nearest branch in South Dakota.

What your savings could earn

National benchmarks and the best published offers, from the Banrox Bank Rates tracker. Enter your own balance and rate to compare.

Short answer: At the national average savings rate of 0.38%, $10,000 kept in savings for a year earns about $38. The best published savings rate in the tracker, 3.75% at CIT Bank, earns about $375. The national average 12-month CD pays 1.71%.

Fed Funds Target Range3.75% - 4.00%FOMC, Sep 16 2026
30-Yr Fixed Mortgage Avg6.76%Freddie Mac PMMS, Sep 10 2026
15-Yr Fixed Mortgage Avg6.09%Freddie Mac PMMS, Sep 10 2026
Avg Credit Card APR22.15%Fed G.19, accounts assessed interest, Q2 2026
Best 12-Month CD4.25%Barclays and Popular Direct, Sep 16 2026
Best High-Yield Savings3.95%Bread Savings, Sep 16 2026

One year at this rate earns about $0; at the best published savings rate (3.75%) about $0.

OfferBankAPYTermMinimum
SavingsCIT Bank3.75%none$5,000
SavingsBarclays3.50%none$0
SavingsMarcus by Goldman Sachs3.40%none$0
CDSynchrony Bank4.35%60 Months$0
CDMarcus by Goldman Sachs4.35%24 Months$500
CDAmerican Express National Bank4.25%10 Months$0

Rates are the banks' published APYs as tracked on the Banrox Bank Rates page, with the date next to each benchmark; they are not offers from Banrox and can change daily. Interest is before tax. The best offers are mostly online banks and are open to Philip residents like anyone else.

Banks near Philip

Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.

Short answer: The closest towns with more choice are Murdo (48 miles) and Fort Pierre (68 miles). Rapid City, 78 miles away, has the most banks nearby: 10.

Bank branch openings and closings in Philip

FDIC branch records, between September 5, 2025 and September 5, 2026.

Short answer: FDIC branch records show no bank branch openings in Philip between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.

Banks and credit unions based in Philip

Short answer: 1 institution has its main office in Philip: First National Bank in Philip.

InstitutionTypeTotal assets, June 30, 2026Offices here
First National Bank in PhilipBank$458.4 million1

Banks: FDIC BankFind (community-bank flag and assets). Credit unions: NCUA call report.

Largest banks in Philip by total assets

Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Philip offices.

Short answer: First National Bank in Philip is the largest bank with offices in Philip, with $458.4 million in total assets on June 30, 2026, No. 1,895 among U.S. banks by total assets. 1 of the 1 bank is headquartered here. Local deposit shares will follow once the FDIC Summary of Deposits is imported.

BankTotal assetsRankOffices hereMain office
First National Bank in Philip$458.4 millionNo. 1,8951Philip, SD

Total assets and ranks from FDIC BankFind as of June 30, 2026. Rank is among active banks that report total assets to the FDIC.

Banks in Philip: FAQ

How many banks are in Philip, SD?

Philip has 1 bank with 1 branch, according to FDIC data as of September 5, 2026.

Is there a Chase in Philip, SD?

No. FDIC data lists no Chase branch in Philip as of September 5, 2026. The nearest is in Sioux Falls, about 247 miles away in a straight line.

Which banks are headquartered in Philip?

First National Bank in Philip has its main office in Philip, according to the FDIC.

What is the oldest bank in Philip?

First National Bank in Philip has the longest record among banks with a branch here: the FDIC shows it operating since 1906.

Did any bank branches open or close in Philip in the past year?

FDIC branch records show no branch openings between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.

Where can I find more banks near Philip?

Nearby cities with more banks include Murdo, Fort Pierre, Pierre. Murdo is 48 miles away with 2 banks.

How we build this page

Every figure above comes from one of these sources. Nothing is typed by hand, nothing is estimated.

DataSourceLicenseUpdatedData as of
FDIC-insured banks: branches, main offices, total assets, dates establishedFDIC BankFind Suite APIPublic data (U.S. government)Monthly importSep 5, 2026
Savings and CD rates, national averagesBanrox Bank RatesBanrox, from the banks' own rate pages and FDIC national ratesWeeklysee each rate

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